CYCLING

Sportcal - - SPONSORSHIP NEWS IN BRIEF -

28 Au­gust

Team Sky, the UK-based pro­fes­sional cycling team of the win­ners of the last two Tours de France, Chris Froome and Bradley Wig­gins, has ex­tended its part­ner­ship with Pinarello, the Ital­ian man­u­fac­turer that sup­plies the team’s bikes. The three-year deal with Pinarello, a found­ing part­ner of Team Sky in 2010, takes the sup­ply ar­range­ment into a sev­enth sea­son. Dave Brails­ford, the team prin­ci­pal, said: “Over the last four years our re­la­tion­ship with Pinarello has been a true part­ner­ship, one which we are de­lighted to be ex­tend­ing. Not only do they share the same de­sire for ex­cel­lence, but from [com­pany owner] Fausto [Pinarello] right through the com­pany they are an ab­so­lute joy to work with. There is a lot more we want to achieve as a team and we go for­ward know­ing we have the best part­ner to do that in Pinarello.”

26 July

Oleg Tinkov, owner of Rus­sia’s Tinkoff Bank, a joint spon­sor with Saxo Bank, the Dan­ish in­vest­ment bank, of the Saxo Bank Tinkoff pro­fes­sional cycling team, said that he planned to start a new team of his own af­ter ne­go­ti­a­tions with Saxo Bank Tinkoff team owner Bjarne Riis over re­new­ing the spon­sor­ship broke down. Tinkov at­trib­uted the de­ci­sion to end the spon­sor­ship to poor re­sults in 2013 and a de­sire to pur­sue his own cycling pro­ject. Ear­lier in the month, Saxo Bank had com­mit­ted it­self to the team for a fur­ther year.

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